13FPulse
DS

DSGX DESCARTES SYSTEMS GRP/THE

2026Q2 · CUSIP 249906108 · Enterprise Software · Sector: Technology

Normal

Fund flows are within the usual range

Funds that own it
336
Institutions that reported holding it to the SEC
Net decrease in holders
8
Last quarter 344 → now 336
How unusual is that
Bottom 20%
Stronger than only 15% of US stocks
What the filings say, in one paragraph

336 funds held DSGX at the end of 2026Q2, down 8 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, the P/E is 42.0x. DSGX has had 10 buying rushes in its history, and the price moved +5.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector, tagged Enterprise Software.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=37 2013Q4: holders=48 2014Q1: holders=50 2014Q2: holders=60 2014Q3: holders=58 2014Q4: holders=67 2015Q1: holders=73 2015Q2: holders=76 2015Q3: holders=86 2015Q4: holders=96 2016Q1: holders=91 2016Q2: holders=93 2016Q3: holders=92 2016Q4: holders=98 2017Q1: holders=104 2017Q2: holders=101 2017Q3: holders=105 2017Q4: holders=108 2018Q1: holders=111 2018Q2: holders=117 2018Q3: holders=125 2018Q4: holders=126 2019Q1: holders=132 2019Q2: holders=150 2019Q3: holders=153 2019Q4: holders=158 2020Q1: holders=151 2020Q2: holders=166 2020Q3: holders=180 2020Q4: holders=190 2021Q1: holders=187 2021Q2: holders=195 2021Q3: holders=204 2021Q4: holders=221 2022Q1: holders=230 2022Q2: holders=210 2022Q3: holders=223 2022Q4: holders=229 2023Q1: holders=255 2023Q2: holders=257 2023Q3: holders=255 2023Q4: holders=288 2024Q1: holders=302 2024Q2: holders=323 2024Q3: holders=341 2024Q4: holders=370 2025Q1: holders=358 2025Q2: holders=355 2025Q3: holders=375 2025Q4: holders=354 2026Q1: holders=344 2026Q2: holders=336 -33 -16.5 +0 +16.5 +33 33214394 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 10 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q3 Top 20% -17.9% -9.9%
2024Q4 Top 20% -2.6% -15.4%
2024Q3 Top 20% -0.7% +1.4%
2024Q2 Top 20% +11.9% +14.6%
2023Q4 Top 20% +13.1% +16.1%
2023Q1 Top 10% -7.5% +3.6%
2022Q3 Top 20% +2.7% +6.7%
2020Q3 Top 20% +10.7% +8.0%
2019Q2 Top 10% +17.9% +35.4%
2015Q3 Top 20% -15.8% -1.2%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
174
Change in large funds
+5
Total value they hold
$4.9B
Funds buying for the first time
48
Funds that sold out entirely
56
Price change that quarter
+10.8%
Funds holding puts (bearish)
5
Funds holding calls (bullish)
7

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
42.0
EPS (TTM)
$1.87
EPS YoY
+14.0%
Revenue (TTM)
Revenue YoY
Net margin
ROE
Debt ratio
14.6%
FCF (TTM)
$261M
Dividend (TTM)
No dividend

As of 2026-01-31 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.